Unformatted text preview: maximization problem and know its components) Solving for optimal firm allocations 5. A closed-economy one-period macroeconomic model (Chapter 5; Handout 3) Competitive Equilibrium (Defining CE, Characterizing main equations, etc) Solving for the equilibrium allocations The Social Planner’s Problem Pareto Optimal Equivalence Part III: Introduction to dynamics and economic growth 6. The Solow growth model (Chapter 6) Key Equations relating k, k’ Solving for steady state values 7. Growth convergence (Chapter 7)...
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This note was uploaded on 02/07/2011 for the course ECON 3102 taught by Professor Mingyi during the Spring '08 term at Minnesota.
- Spring '08